web analytics

The great carbon credit swindle

Written By: - Date published: 8:47 am, January 2nd, 2016 - 56 comments
Categories: climate change, Environment, ETS, farming, global warming, john key, making shit up, Minister for International Embarrassment, national, paula bennett, same old national, science, spin, sustainability, you couldn't make this shit up - Tags: ,

The aspirational John Key

The aspirational John Key

A month on from COP21 and it appears that the Government’s sense of urgency is not as high as most people would want.

In a typical pre christmas example of bury the report Paula Bennett released these reports and suggested that New Zealand was complying with its Kyoto protocol obligations and was implementing domestic policy to transition to a low carbon economy.  What better time to release and avoid than in the middle of the festive season?

But the release has received some scathing analysis.  Geoff Simmonds from the Morgan Foundation has said this:

The Government’s plan for meeting our Kyoto Protocol commitment and 2020 emissions reduction target was released this month.

It reveals a shocking truth: New Zealand has been a willing participant in a wholesale climate fraud.

We’ve been dealing with criminals and fraudsters in order to meet our international obligations. If our reputation wasn’t shot to pieces after Paris – where we revealed our weak kneed 2030 target – it will be now.

Carbon trading is a fine idea, but it only works if the credits we buy actually represent a true emissions reduction somewhere else.

The sad truth is that the foreign credits New Zealand has gorged on up until now have produced little to no climate benefit.

He points out the problem, Russia and the Ukraine have been allowed to self certify their own projects for the generation of Kyoto credits but when an independent audit was preformed 85% of the approved projects were shown to worthless in terms of benefits for climate change.  Things were that bad that one official described what was happening as “organised crime”.

Idiot Savant has provided some detail of the types of schemes involved.  One allows credit where coal from coal waste piles is extracted and reductions are claimed for the avoidance of waste pile fires.  The coal is still burnt.

But wait there’s more.

The Stockholm Institute identifies three types of projects as having “questionable or low environmental integrity”: spontaneous ignition of coal waste piles, energy efficiency in industry and power production and distribution, and natural gas transportation and distribution. Eighteen of the twenty largest Ukranian projects New Zealand purchased “reductions” from (totalling 51.3 million tons) fall into these categories. One is a “no-tillage” agriculture project, which the Institute notes are deliberately misclassified in Ukraine to allow the credits to be fraudulently sold onto the EU market. And the final one, for “Implementation of Energy-Saving Light Sources in the Public, Corporate аnd Private Sectors of Ukraine”, appears to have issued twice as many credits as its expected reductions. Basicly, we’re paying our bill with bullshit and fraud.

After the market was flooded in 2012 the European Union restricted the trade of these credits.  New Zealand did not do so until the last moment when under Kyoto Protocol rules various types of credits had to be retired.

But the actions of the Government had its effect and stopped the carbon credit market from working at a time when it needed to work.  We have wasted seven long years.

The price change is now starting to kick in with carbon credits selling for $9.22 in December.  But the scheme has a very poor reputation with foresters claiming that it is responsible for the situation actually getting worse.

And it cannot be claimed that National was ignorant of what happened or the destructive effect the policy was having on local forestry owners.  Labour attempted to have the use of these credits restricted by imposing an obligation to purchase half of all credits from local sources but this attempt in 2012 was voted down.

From the SOP explanatory note Moana Mackey said this:

The effect of these countries doing this is that international units not able to be sold in those countries have nowhere to go but New Zealand. This means millions of surplus credits are flooding the New Zealand emissions trading scheme lowering its price. The present price of carbon in New Zealand is around a third of what it is in Europe due to our different regulatory settings. Carbon trading system OMF recently estimated the excess units not allowed in other countries were sufficient to pay all of New Zealand’s emission liabilities for the next 28 years.

The effect of this price lowering is significant in two respects: participants have a much lower incentive to reduce emissions and foresters are getting a much lower price for their carbon than they should meaning no new planting is currently planned and deforestation is taking place at a faster rate.

These were prophetic words at the time and with hindsight clearly this is what has happened.

Simmonds summarised the situation in this way:

We have been the biggest abuser of fraudulent carbon credits. Someone should be answerable as an accessory to the fraud.

We have spent more than $100m willingly buying these cheating credits that have no benefit for the climate.

I think most New Zealanders would be horrified to find that we have sent $100m to corrupt foreigners, with the only benefit being that we could avoid our emissions reductions obligations.

The politicians have known damn well what they’ve been doing.

There was another piece of interesting information released recently.  Remember when John Key said that the scientists had a solution for agricultural emissions and it was only three to four years away?  Well they do but the improvement will be incremental, not a solution.  Dr Andy Resigner of the Agricultural Greenhouse Gas Research Centre based in Palmerston North was recently interviewed on Radio New Zealand.  He thought that the best chance was a 30% reduction in greenhouse gas emissions through animal ruminations.  This is at best 15% of our total emissions.  We will need to keep using that cheap store of Ukraine credits for a while to come.

The whole episode epitomises National.  Some of the brightest guys in the room have cut by cut, change by change, rendered the ETS totally unfit for purpose.  They have succumbed to the prejudices of the farming lobby and refused to put agriculture in the scheme.  They have then had to resort to the use of credits which have essentially no effect on the planet’s level of greenhouse gasses.  They then apply the spin and claim that New Zealand is meeting its targets when its activity is only making climate change worse.

The levels of spin are strong here.  One to placate the farming lobby, one to give the appearance that New Zealand is doing its bit to address the world’s greatest challenge.  But Simmonds is right.  Someone should call the police.  Because New Zealand and National have been openly complicit in a fraud.

56 comments on “The great carbon credit swindle”

  1. Manuka AOR 1

    ” Because New Zealand and National have been openly complicit in a fraud.”

    But wait, there’s more! Should a future govt (roll on the 2017 elections) try to take real steps to correct the situation, they probably won’t be able to do so without having to deal with crippling billion dollar court cases by overseas multinationals, as the TPP signing (commencing here in NZ, later this month I think)) secures protection for those corporations: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11567925 (Yes, finally acknowledged even in the Herald, though the article was disappeared quite speedily.)

    • Manuka AOR 1.1

      Excerpt: “In more than 6000 pages of legal text in the TPP, climate change is not mentioned once. On the other hand, entire chapters are devoted to minimising “technical barriers to trade” and ensuring “regulatory coherence”. These chapters consist of a range of rules that would turn the move to zero carbon into a legal minefield.

      “In addition, investors such as fossil fuel companies would be given broad powers to directly sue governments in off-shore tribunals for unfavourable changes in policy under investor-state dispute settlement provisions.

      “Awarding these powers to the fossil fuel industry is a direct affront to the Paris agreement. Given that trillions of dollars’ worth of fossil fuel reserves must remain in the ground – investor-state dispute settlement clauses are a disaster waiting to happen.”

  2. Andre 2

    As far as I’m concerned, Labour opened the door for this. Labour’s ETS was a toothless cynical sham from the beginning. National merely sewed it’s lips shut so it couldn’t even give polluters a gumming. Sadly, so far I see no evidence that Labour will have any more courage tackling the problem in the future than it did under Clark.

    The better answer is a simple greenhouse gas tax. Introduce it low, and make it clear it’s going to ratchet up as quickly as needs be to achieve emissions reductions. And then incentivise carbon sequestering. If the price of getting something like this is a Nat/Green coalition, then I for one will grit my teeth really hard and support it.

    • mickysavage 2.1

      It could have worked much better if National had not changed it and your statement begs the question that if it was already a sham then why has National changed so much of it? A properly functioning ETS would have incentivised planting of forests.

      • Andre 2.1.1

        National changed things because Labour’s cynical sham gave National cover for even more feathering of their mates nests.

        I’m not really that interested in a defence of Labour’s past, I want to hear what it’s going to do in the future. I just want to see it’s learned from mistakes of the past before I even give them my moral support, let alone my vote.

        • mickysavage 2.1.1.1

          My question was if it was such a cynical sham then why did National have to change it so much?

          • Matthew Whitehead 2.1.1.1.1

            Remember how Labour’s scheme was so bad the Greens, knowing it would not be sufficient to address our role in climate change, seriously considered not voting for it because they were worried it would never be strengthened?

            Yeah, that argument is looking slightly prophetic.

    • Lanthanide 2.2

      Labour wanted a Carbon Tax in 2008, but its support parties wouldn’t vote for a ‘tax’ and so we ended up with the ETS instead.

      Not Labour’s fault that the electorate voted in numpties.

      http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10368511

      • The Chairman 2.2.1

        Yet, Labour later went on to oppose the Green’s carbon tax policy, saying the Emissions Trading Scheme was its preferred option.

        http://www.stuff.co.nz/national/politics/10117252/Labour-opposes-Greens-carbon-tax-plan

        • Lanthanide 2.2.1.1

          Because Labour had an election to try and win, and National were already using the line of “5 new taxes” – which was a nonsense of course, but there’s no reason to play into their hands.

          The actions of a party in opposition, when dealing with a necessary policy that the public need but are strongly against, should not really be taken as a true measure of that party’s position on the policy.

          Which makes it remarkable why they ever tried to run with putting the retirement age up to 67 and CGT, but shows that Little has his head screwed on by putting both policies to bed while in opposition.

          • The Chairman 2.2.1.1.1

            Some would argue further distancing themselves from their potential coalition partner (reinforcing the image of the opposition rowing in different directions) helped cost Labour the election.

            To be clear, are you implying that when Labour were advocating for a higher retirement age and CGT they didn’t genuinely plan to put them in place? And now that they have dropped them they actually will put them into place once in power?

            Moreover, are you suggesting Labour (if elected) would now put the ETS to bed?

            If your ploy theory is correct, how is one to know what Labour says is what they genuinely mean?

            • Lanthanide 2.2.1.1.1.1

              To be clear, are you implying that when Labour were advocating for a higher retirement age and CGT they didn’t genuinely plan to put them in place?

              No, of course not. I said it was remarkable that they raised those policies, because they’re both necessary and unpopular. Little has realised this and taken them off the table – for the next election. They’ll come back out once they’re in government and in a better position to formulate the correct policy (since the governing party gets a lot more resources to develop policy with).

              Moreover, are you suggesting Labour (if elected) would now put the ETS to bed?

              Things always change over time. We’ve now had Paris and the COP21 and all that jazz – overton window and all that. Labour, with the support of the Greens, are in a position to put a carbon tax in place. Especially if NZ First were to also support such a policy (and I recall a statement from Winston sometime in the last few years saying a carbon tax would be simpler than an ETS). The problem is they need to get elected first.

              If your ploy theory is correct, how is one to know what Labour says is what they genuinely mean?

              Bear in mind that Labour aren’t in a position to govern alone. So they’re in a position where they can make anodyne non-committals before the election, as a way of positioning themselves against National, and then after they get power they can re-consider their policy positions to move in a different direction if necessary, and blame it on their coalition partners if the public aren’t happy.

              • The Chairman

                You say the policies (increasing the retirement age and a CGT) will come back out once Labour is in government.

                Misleading voters is a dangerous tactic that won’t sit well, thus may come back to bite.

                Things often change. Change often provides opportunity. Labour should take advantage of that change, show solidarity with the Greens (while making a clear point of difference from National) and make carbon tax at policy they can both stand together on.

                While it’s clear Labour aren’t in a position to govern alone, policy is what helps attract voters People want to know what a party stands for. You have failed to explain how voters are supposed to know what Labour stands for if they say one thing yet plan to do another. Moreover, I can’t see their coalition partners taking the blame for a change in direction they don’t want to take.

          • OneTrack 2.2.1.1.2

            Are you suggesting Labour will simply lie about what their real policy intentions are, in order to get their legs under the treasury benches? What the voters don’t know, won’t hurt them, right?

  3. Tautuhi 3

    JK putting his trading skills to work for the betterment of NZ, no doubt giving Paula Bennett a few tips on ETS trading.

  4. Tautoko Mangō Mata 4

    Good article, MS. The dishonesty of this govt never fails to impress.
    The lack of decent ethical behaviour in the corporate world (see http://www.truth-out.org/news/item/34251-exxon-s-climate-cover-up-gets-bigger-documents-suggest-all-major-oil-giants-have-lied-since-1970s) and in the political arena, as illustrated in the swindle above has created many of the biggest problems facing the planet at present.
    Spin, BS, creative accounting, “PR”……so much money is being spent trying to hide or obscure the unvarnished truth. Vilification of whistleblowers, funding of “friendly scientists or threatening to withdraw funding, manipulation of overworked journalist.,
    Politicians supporting mass surveillance hypocritically abuse OIA requests. Accountability is only for the plebs, in their view. My thanks go out to the courageous heroes and heroines who speak out against the abuses of power.
    This government are only interested in short term “fixes” which inevitably push an exacerbated problem onto future generations. What sort of person deliberately makes things worse for his/her own grandchildren?

    • Manuka AOR 4.1

      Note the way Exxon went after the journalists. From that link: “They also went after the reporters at Columbia Graduate School of Journalism. They wrote to Columbia University and, you know, reminded Columbia about how much money they give Columbia, and said that what the Columbia journalism school project did was entirely irresponsible. Columbia responded and said-and basically, you know, they have a lot of emails and so on to show that Exxon’s assertions could not be backed up.”

    • Henry Filth 4.2

      You KNOW what sort of person makes things worse for their own grandchildren.

    • Manuka AOR 4.3

      “Spin, BS, creative accounting, “PR”……so much money is being spent trying to hide or obscure the unvarnished truth. “
      From Jim Hightower on ‘Exxon’s Weapons of Mass Confusion’:
      “Their strategy was to create an incessant noise machine, fueled with hundreds of millions of industry dollars, to spread the false narrative that scientists are “uncertain” about climate change.”

      “Their many tactics included forming a lobbying combine in 1989 to sow doubt among public officials about the need for government action; placing a very costly, decade-long series of essays in newspapers denigrating the very scientists it previously nurtured and the science reports that it published; and trying to get the government’s chief global warming official to decry the uncertainty of climate research. They also made their CEOs into hucksters of bunkum, with such lines as “the earth is cooler today than it was 20 years ago”

      And so it goes: “If these denials of reality sound familiar, that’s because they’re exactly the same ones we’re now hearing from such Einsteins as The Donald (who recently tweeted, “I’m in Los Angeles and it’s freezing. Global warming is a total, and very expensive, hoax”), The Cruzer (who claimed that climate change is a liberal plot for “massive government control of the economy … and every aspect of our lives”) and Jeb (who said, “It’s convoluted. And for the people to say the science is decided on this is just really arrogant”).” http://illinoistimes.com/article-16550-exxon%25E2%2580%2599s-weapons-of-mass-confusion.html

  5. This is what happens when your country is run by people whose idea of ethics is finding ways to meet the letter of the law while continuing to do the things the law was intended to prevent. If they’ve spent their adult lives to date coming up with ways to weasel out paying their taxes or avoid compliance costs, why wouldn’t they take the same approach to government?

    I’m glad Geoff Simmonds wrote that piece. I had been wondering how the government was going to reconcile the fact it signed COP21 with its total lack of intent to do anything about complying with it. This piece provides the answer – they have the required weaselry already set up and operating. On paper, they’ll have complied, without having to actually go the trouble of complying with it.

    • Draco T Bastard 5.1

      This is what happens when your country is run by people whose idea of ethics is finding ways to meet the letter of the law while continuing to do the things the law was intended to prevent. If they’ve spent their adult lives to date coming up with ways to weasel out paying their taxes or avoid compliance costs, why wouldn’t they take the same approach to government?

      QFT

      And which is why we need better laws and enforcement to catch non-compliance as well as laws against corruption.

      • Pat 5.1.1

        “And which is why we need better laws and enforcement to catch non-compliance as well as laws against corruption.”

        bloody difficult when those abusing the weak law and lack of enforcement are the very same ones writing the laws and (lack of) funding the regulators

  6. Draco T Bastard 6

    I do hope that the rest of the world is watching and puts appropriate trade sanctions in place. Maybe then National will recognise the benefits of keeping up standards rather than trashing them while lying about keeping to them.

    Of course, as is highlighted, this is out right fraud and the entire National Party caucus needs to be jailed for it.

  7. Tautuhi 7

    Nothing has improved since “The Winebox Enquiry”, criminal activity by those in power is par for the course, there is a fine line between what is ethical/criminal and what is not. However they know they have the power of the State and the Authorities behind them as they all mix in the same circles.

  8. Macro 8

    I have been wondering when we would get around to discussing this. I commented when it first came to light and NRT did his excellent analysis, referencing both of his excellent posts.
    The fraud is also being perpetuated by the laundering of these shonky credits to give the impression that we are doing something about NZ’s carbon emissions and there are enough sloshing about in our system to cover another two years worth of emissions – this is an out rage.
    The other sad fact is that, even though scientists may find a way to reduce agricultural emissions, there is no guarantee that farmers will act accordingly, because there is no requirement for them to do so, as they are exempt from our ETS.
    Finally on the topic of whether or not we should have had a Carbon Tax as first proposed – National have always and will continue to trash it – unless there is some way to set it in stone. NZ would have had a Carbon Tax but for the idiotic reactionaries like Shane Arden, Fed Farmers, and the vocal useful idiots such as Leyton Smith and the so called “NZ Climate Science Coalition” (sic) spouting nonsense from the world right wing “think” tanks such as the Heartland Institute. The moment they got into power they would have abandoned the Carbon Tax – just the same as Abbott did in Australia – despite the fact that it was working and people were the better for it.
    One thing we can be sure of. National – whatever they may say about Climate Change, and the need for action – are, and will remain, in total denial. They will do nothing – nothing at all – to safeguard the future for future generations. They are all piss and wind, and their only purpose in life is to garner as much as they can into their fat cheeks and damn the rest. Indeed they will even trash or destroy every regulation or tax that has ever been put in place by previous administrations to curb and nullify GHG emissions, because they believe that those regulations limit the gods they worship – GDP, and the size of their wallets.

    • Andre 8.1

      From the experience of places like British Columbia, it seems a key part of making a carbon tax broadly supported is to make it revenue neutral by paying the money straight back as a citizens dividend. Kind of like a down payment on a UBI.

      • Macro 8.1.1

        Yes I totally agree. Mind you it was a right wing govt that introduced the Carbon tax in BC, and it does work over there, and the are the only provence to have actually increased GDP as well. Visited Vancouver late 2014 and recharge points for EV’s were everywhere. Also noted the “this is a non-idling city” signs. Cars turned off engines immediately when parked. Good public transport too.
        But Aussies tax was similar to BC’s and had ways to make it income neutral – and was begining to work and many people actually liked it – but the idiots trashed it even so. They are simply vandals, nothing more nothing less.

        • Andre 8.1.1.1

          NRT’s term “malicious orcs” seems more apt than simply vandals.

          • Macro 8.1.1.1.1

            🙂 yes
            The real Vandals actually established schools in North Africa – something our lot would only do if they can earn some money from it.

      • Sacha 8.1.2

        “make it revenue neutral by paying the money straight back as a citizens dividend”

        Is that what the Greens were proposing here?

        • Andre 8.1.2.1

          Not quite. The Greens were going to make the first $2000 of individual income tax-free and cut company tax by 1%. The Aussies used the carbon tax money to raise their income tax-free band from $6000ish to $18000ish

  9. One Two 9

    ETS , like all trading platforms are designed for these outcomes

    Ukraine and Russia being held up as the protagonists is a red herring

    The entire system is a conspiracey to deceive and defraud such as LIBOR and CDS etc

    Another financial industry ‘success’ story which was predicted years ago

  10. Henry Filth 10

    Internationally New Zealand has a good name and a good reputation.

    It’s a great asset.

    Why do these bunnies insist on squandering it?

  11. tory 11

    farmers don’t need any more costs this just harmful traitorous trouble and muck racking just like safe its economic vandalism the harmful communications act should be applied to economic vandals articles like this affect our image public need to apply self censorship and think does john key really want this published NONONO bad standard

    • Manuka AOR 11.1

      “NONONO bad standard”

      Mate, have a look at the extreme weather links from this comment posted a couple of days ago by Paul: /open-mike-28122015/#comment-1112850

      You don’t have a problem with any of that?

    • Manuka AOR 11.2

      Or, financially: “We have spent more than $100m willingly buying these cheating credits that have no benefit for the climate.” $100 million NZ $s, flushed down the drain … You don’t have a problem with that??

    • Paul 11.3

      You really need to pay attention to what’s happening round the world with the climate, tory.

    • ""Sacha 11.4

      “farmers don’t need any more costs ”

      while you collectively refuse to acknowledge what you get for free at everyone else’s expense, that’s just not true.

      grow up

  12. Pat 12

    I wonder what spin Wayne would like to put on this?….considering he was a member of the cabinet that impplemented this fraud.

  13. Chooky 13

    This is a good clear account of climate change and why it is the major issue of our time:

    ‘Understanding Climate Change’

    https://www.rt.com/shows/big-picture/321538-global-warming-climate-change/

    “Thom goes over the basics of what global warming is, what’s causing it, and how we can stop it with climate scientist Michael Mann, author of the book “Dire Predictions: Understanding Climate Change.”

    https://en.wikipedia.org/wiki/Michael_E._Mann

  14. tory 14

    this is where the left get it wrong the point i am making is what happens if our competitor use harmful communication like this to drive our products off the shelves
    we all suffer and whats 100 million anyway small change that where john key has the smarts we don’t need to invest in fraudulent climate change it just a natural event there is no global warming anyway its labors fault for getting us involved in the ets

    • Pat 14.1

      yet another 100 million…..on top of the other 100s of millions of taxpayer funds they have wasted on their dodgy shenanigans

    • Manuka AOR 14.2

      “what happens if our competitor use harmful communication like this to drive our products off the shelves”
      There is no change in the quality of any of our exported food products.

      “whats 100 million anyway small change”
      I don’t believe that you mean that. It is a very significant amount of money.

      “there is no global warming anyway”
      When I was at school our class visited the Fox Glacier. It was a relatively short walk for all of us, up to the ice (it was amazing, unforgettable). It is not like that now – the ice has retreated a long, long way back.

  15. Ad 15

    The Morgan Foundation is the think tank we’ve been waiting for. Do you good to get the regular updates.

  16. William 16

    W to be sure to halve the global carbon emissions stop eatin animal. And govt permission not required. As for the swindle, a mite on a tick in the elephants crack.

  17. Gavin 17

    Just to reassure myself, I had a look at Labour’s Climate change policy. It’s hard to find, should be more prominent on their website. Nothing wrong with this 2014 policy, they’ve obviously thought a great deal about it, I think it would be great to see all this happening from 2017. Importantly, the Greens should concur.

    https://www.labour.org.nz/sites/default/files/issues/climate_change_final.pdf

  18. Andre 18

    Thanks, Gavin, I hadn’t found that. It updates my knowledge of Labour’s thinking, but doesn’t change my views.

    Ummm, micky, I got five clicks into your suggestion, saw the date on the “latest” manifesto was November 2013, and lost interest having gained no new information.

    My objection to the scheme detailed in Gavin’s link is fundamentally, that it’s an emissions TRADING scheme. Which sends the message to polluters, go right ahead and pollute, you’ve just got to go grubbing around to buy the cheapest “right” to pollute. And also opens the door to all kinds of jiggery-pokery about who’s got an inherent “right” to pollute, a flaw reinforced by exempting agriculture. And it incentivises all kinds of dodgy schemes to claim “emissions reductions” to generate credits that can be sold. You have no idea how much will-power it’s taking me to not go on and on about international trading in credits.

    Whereas the right message to send is “you pollute, you pay, no way around it”. The only proposal I’ve seen that truly sends that message is a greenhouse gas tax on emitters. Plain, simple, no exemptions. If it’s measurable, it’s taxed.

    Yes, I do have anger issues on this topic, thanks for asking.

    edit: Aww, shit, I get so wound up I post a new comment rather than hitting “reply”. Sorrreee.

    • Gavin 18.1

      Andre, points noted. At least Labour says that 50% of any carbon credits have to be in NZ, and they are also stating that they’re on the lookout for dodgy overseas credits. Farmers would have to pay too, for their emissions. I like the point about looking for better ways to store carbon in soils. At the moment farmed soils are losing carbon slowly, but if that could be measured and turned around with better technology, we would have helped solve worldwide climate change from NZ. Funding levels of tens of millions of dollars would be well spent here. NZ has a lot of soil ready to sequester more carbon.

  19. One Two 19

    Goldman wants this bill. The plan is (1) to get in on the ground floor of paradigm-shifting legislation,
    (2) make sure that they’re the profit-making slice of that paradigm and
    (3) make sure the slice is a big slice.

    Goldman started pushing hard for cap-and-trade long ago, but things really ramped up last year when the firm spent $3.5 million to lobby climate issues. (One of their lobbyists at the time was none other than Patterson, now Treasury chief of staff.)
    Back in 2005, when Hank Paulson was chief of Goldman, he personally helped author the bank’s environmental policy, a document that contains some surprising elements for a firm that in all other areas has been consistently opposed to any sort of government regulation.
    Paulson’s report argued that “voluntary action alone cannot solve the climate change problem.” A few years later, the bank’s carbon chief, Ken Newcombe, insisted that cap-and-trade alone won’t be enough to fix the climate problem and called for further public investments in research and development.
    Which is convenient, considering that Goldman made early investments in wind power (it bought a subsidiary called Horizon Wind Energy), renewable diesel (it is an investor in a firm called Changing World Technologies) and solar power (it partnered with BP Solar), exactly the kind of deals that will prosper if the government forces energy producers to use cleaner energy.

    As Paulson said at the time, “We’re not making those investments to lose money”

    http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

Recent Comments

Recent Posts

  • New Zealand Gives up on Trying to Save Daylight
    New Zealand Prime Minister Jacinda Ardern addressed the nation today about the decline in daylight New Zealand has been experiencing over the previous few months. She said “As many of you will notice, our attempts to stem the dwindling of the daylight over the last few months have been completely ...
    Can of wormsBy Can of Worms, Opened
    2 hours ago
  • A bulletin from Greece
    Redline received this article from the KOE a Marxist party in Greece Our friends in the KOE describe here the mounting crisis in Greece and tensions on the Turkish border. As desperate people flee from their homelands which have been ruined after decades of imperialist wars and interventions the people ...
    RedlineBy Daphna
    5 hours ago
  • And God spake all these words, saying
    As the first week of Level Four lockdown unfolded, mounting questions grew as to just what was (and was not) allowed under its “rules”. Partly these were driven by some apparently contradictory messages from different authority figures and explanations carried in the media. Partly they reflected a somewhat sketchy legal basis ...
    PunditBy Andrew Geddis
    8 hours ago
  • Life in Lock Down: Day 9
    . . April 3: Day 9 of living in lock-down… Another late-start to my work day. Everything is temporarily upended as clients are shuffled around so we can minimise our “bubble” by reducing the number of people we help. One of my colleagues has been removed from his clients; his ...
    Frankly SpeakingBy Frank Macskasy
    11 hours ago
  • Death to our lockdown enemies!
    We must root out the traitors among us! ...
    Imperator FishBy Scott Yorke
    1 day ago
  • Climate Change: The benefits of electrification
    In order to meet our 2050 carbon target and do our bit to avoid making the Earth uninhabitable, New Zealand needs to decarbonise our economy, replacing fossil fuels with electricity in the energy, industrial and transport sectors. The good news is that it will mean cheaper power for all of ...
    No Right TurnBy Idiot/Savant
    1 day ago
  • Life in Lock Down: Day 8 (sanitised version)
    For those folk who find my other Lock-Down Diary versions too “negative” or otherwise unpalatable… Here’s a photo of a pretty flower, .   . Better? Tomorrow’s Sanitised Version: a cute animal video. . . . =fs= ...
    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • Life in Lock Down: Day 8
    . . April 2: Day eight of living in lock-down… Today, my work day starts late. Our rosters and clients have been dramatically changed, lessening (theoretically) the number of people in our work “bubble”.  If just one of us catches covid19 the impact could be considerable as Grey Base Hospital ...
    Frankly SpeakingBy Frank Macskasy
    1 day ago
  • A note on apartments and bubbles
    As Aotearoa enters week two of lockdown, it’s clear we’re all still working out what our “bubbles” look like and how to stay in them to stop the spread of Covid-19. New to the government’s Covid-19 website is some good guidance for people living in apartment blocks. Recent decades have ...
    SciBlogsBy Siouxsie Wiles
    2 days ago
  • Getting in futures shape 
    “There are decades where nothing happens; and there are weeks where decades happen.” Lenin Don’t we all know that feeling now.

    Prospect Magazine alerted me to this particularly apt quote. It is a much more evocative quote than Hemingway’s “gradually then suddenly” which is also doing ...

    SciBlogsBy Robert Hickson
    2 days ago
  • Maybe axing Clark would be unfair. But what about any of this is fair?
    Yesterday was the day the consequences of the lockdown suddenly got very real for many. Firms have been closing and laying people off since the outset of the quarantine but this has mostly been happening out of the public eye. The mass closure of a number of iconic New Zealand ...
    PunditBy Liam Hehir
    2 days ago
  • Might a ‘Coasean’ social contract mitigate overall societal harm from COVID-19?
    Brian Williamson1, Prof Nick Wilson2 (1Economic consultant, UK; 2University of Otago Wellington) In this blog, we outline how a win-win social contract could be forged to address the major dimensions of response to the COVID-19 pandemic when using a mitigation strategy: the particular need to protect older people from high ...
    SciBlogsBy Public Health Expert
    2 days ago
  • Returning To “Normalcy”.
    Resuming Normal Service: The Republican Party's nominee for in 1920, Warren Harding, promised the American people: “not heroics, but healing; not nostrums, but normalcy; not revolution, but restoration”. If she wishes to remain our prime minister, then Jacinda Ardern will offer New Zealanders the same.HOW EDUCATED AMERICA snickered when the ...
    2 days ago
  • New Zealand’s Government Must Save New Zealand’s Media.
    No Free Society Without A Free And Functioning News Media: If we are to surrender our civil rights to the broader cause of defeating Covid-19, then foreign corporations must, likewise, surrender their right to inflict immense economic and cultural harm on New Zealanders simply because it improves their bottom line.I’M ...
    2 days ago
  • Corona fevers and the madness of models
    by Daphna Whitmore A third of the world is under lockdown and a clear assessment of this measure to curb the spread of COVID-19 is urgently needed.  With any high-stakes decisions it has to be asked what are we dealing with here? Are the measures warranted? Will they achieve their ...
    RedlineBy Daphna
    2 days ago
  • Lockdown day 8
    I haven’t done a huge amount in the last few days. I’m reading The Poppy War and I’ve sort of poked at a couple of games – I started SOMA but I’m a wimp and I quit while in the first room after the brain scan. I might try it ...
    The little pakehaBy chrismiller
    2 days ago
  • Backstage and Theatre
    The swan politicians may be gliding on the water, occasionally snapping at one another. Meanwhile, as the Covid19 crisis illustrates, the officials are desperately paddling below providing the real locomotion. One of the most fatuous recent grandstanding comments (of about a week ago), adding to the public’s anxieties, was ...
    PunditBy Brian Easton
    2 days ago
  • Legal Beagle: Waiver, the singular Crown and the conduct of Crown legal business
    Much has been written about the importance of discretion in an emergency situation, and the concerns raised by the potential for it to be exercised arbitrarily. Given the quality of the discussion, there seemed little point in adding to it at any length. In particular, I point to the evidence ...
    2 days ago
  • Highlights from Bauer Media’s science-related reporting
    Today has felt surreal. I was all set to touch base online with my science communication students when a colleague shared the news that Bauer Media would be shutting down its publications immediately. The first link I saw implied it was Woman’s Weekly affected, and even that shocked me. But ...
    SciBlogsBy Sarah-Jane O'Connor
    2 days ago
  • Outsiders.
    Bogeymen, Real And Imagined: Is the number of psychopathic and sociopathic individuals in any given society truly as vanishingly small as we like to tell ourselves? Isn’t it more likely that the mass-shooters and serial-killers filling the headlines represent only the tip of a much, much larger iceberg of frightfulness? ...
    2 days ago
  • We have a right to know the rules we are expected to obey
    Outgoing Police Commissioner Mike Bush appeared before the Epidemic Response Committee today, who asked him for the rules police are using to enforce the lockdown. He refused:Police Commissioner Mike Bush has admitted the advice given to Kiwis about what they're able to do during the lockdown hasn't been clear enough. ...
    No Right TurnBy Idiot/Savant
    2 days ago
  • Life in Lock Down: Day 7 (sanitised version)
    For those folk who find my other Lock-Down Diary versions too “negative” or otherwise unpalatable… Here’s a photo of my cat, . . Better? Tomorrow’s Sanitised Version: a pretty flower. . . . =fs= ...
    Frankly SpeakingBy Frank Macskasy
    2 days ago
  • Life in Lock Down: Day 7
    . . April 1: Day seven of living in lock-down… This morning I had a brief chat with one of my neighbours, “D” (social distance between us, a good three or four metres). I learned he had resigned from his previous job and had been hired by another company – ...
    Frankly SpeakingBy Frank Macskasy
    2 days ago
  • RIP The Listener, New Zealand’s pioneering voice
    Funnily enough, my thought as I start this post is whether it will be well written enough. Or should that be well enough written? Because so much of what I know about good writing came from my two stints at The Listener, which this morning was shut down due to ...
    PunditBy Tim Watkin
    2 days ago
  • OK, Britney: stop sniping at National for doing its job
    With normal democratic procedures in abeyance, there were two ways to go. First, it was open for the government to dissolve itself and invite the National Party to join a ministry of national salvation. That would have lessened the democratic deficit of the times by having a team of rivals without ...
    PunditBy Liam Hehir
    3 days ago
  • Helpful tips for parents during lockdown
    Dr Kirsty Ross Children and young people can respond differently in times of distress. This also varies by age and developmental stage, with younger children having more magical and imaginative thinking, and older children having more awareness and knowledge of the issues our communities are facing (which brings up ...
    SciBlogsBy Guest Author
    3 days ago
  • Skeptical Science New Research for Week #13, 2020
    3 days ago
  • Hungary is now a dictatorship
    Hungary has been a virtual dictatorship for a decade now, as Prime Minister Viktor Orbán has gradually eroded its democracy. But now, its official, with the passage of an indefinite emergency law allowing rule by decree:Hungary’s parliament has passed a new set of coronavirus measures that includes jail terms for ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • A new Ministry of Works
    While the economy is on pause under lockdown, the government is beginning to plan how to cope with the post-lockdown, post-tourism, post-export education world we will eventually find ourselves in. They're planning a lot of infrastructure spending as economic stimulus, and have asked for proposals which can start the moment ...
    No Right TurnBy Idiot/Savant
    3 days ago
  • Capture: Well spaced out
    It's my distraction,  setting up tiny scenes to photograph.  I've got stuck on the Babushka dolls for now.  Something about their bubble shape.  Something about their never changing, smiling features, suggesting persistent equanimity.  Can we get through everything that is being thrown at us and keep at least a tiny ...
    3 days ago
  • Life in Lock Down: Day 6
    . . March 31: Day six of living in lock-down… This time I managed to sleep a little longer and the alarm woke me at the pre-set time: 6.55am. Then remembered I was working a later shift and could’ve slept in. Oh well, there are things to do at home. ...
    Frankly SpeakingBy Frank Macskasy
    3 days ago
  • March ’20 – NZ blogs sitemeter ranking
    Image credit: Diamond Harbour School Blogs I notice a few regulars no longer allow public access to the site counters. This may happen accidentally when the blog format is altered. If your blog is unexpectedly missing or ...
    3 days ago
  • Hard News: Poll Pot and the partisans
    Yesterday's Horizon poll showing support for a "Yes" vote in this year's cannabis referendum sliding into the majority for the first time in a year looked like good news for reformers – and it probably is. But the result warrants some scrutiny.The poll is the fifth in a series commissioned ...
    4 days ago
  • Why those bubbles are so important
    For almost a week now, every one of us who isn’t an essential worker has been confined to their bubble. We are allowed to go shopping for groceries, to visit the doctor, and to get a bit of exercise if we stay local. The reason we are doing this is ...
    SciBlogsBy Siouxsie Wiles
    4 days ago
  • A Government System That Works
    The Covid-19 saga will no doubt produce many twists and turns for us before it is finally brought to an end. But one thing it has shown us – and what comfort it should bring us – is that our country’s government is in good hands. I am not thinking ...
    Bryan GouldBy Bryan Gould
    4 days ago
  • Smashing down the barriers: Where are we at with COVID vaccines?
    In the absence of a vaccine or a cure for a deadly disease, staying home in your bubble is what you do, the concept is not new.  To the best of my knowledge last time we did this in NZ was for polio, in the years before a vaccine came ...
    SciBlogsBy Helen Petousis Harris
    4 days ago
  • National Network on Cuba (USA): “Cuban medical solidarity is a pillar of its society and is founde...
    The following statement was released on March 28 by the National Network on Cuba, a coalition of 40 groups, based in the United States. In recent weeks, Cuba has deployed hundreds of medical providers to over a dozen countries in Europe, Asia, as well as to their neighbors in Latin ...
    RedlineBy Admin
    4 days ago
  • Alarming decrease in calves increases fears for endangered Hector’s dolphin
    This has been a terrible summer for Hector’s dolphins. The first indication was very low numbers of dolphin sightings during late spring and early summer. The Otago University Marine Mammal Research Team has carried out routine dolphin surveys at Banks Peninsula for more than 30 years. In all that time, ...
    SciBlogsBy Otago Marine Science
    4 days ago
  • Time for Grant Robertson to reveal package #2?
    On March 17, Finance Minister Grant Robertson was quick out of the blocks with an economic rescue package to help businesses through the inevitable recession resulting from the coronavirus pandemic. Robertson had pulled together a scheme in short order that so far seems to have saved many jobs. In his ...
    PunditBy Tim Watkin
    4 days ago
  • Saving lives
    The purpose of the lockdown is to save lives, by reducing the spread of covid-19. We won't know if its really working for another week, but given the devastation that will result if it doesn't - 14,000 dead is the optimistic scenario - its definitely worth trying. But pausing the ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Life in Lock Down: Day 5
    . . March 30: Day five of living in lock-down… Woke up still in darkness. Alarm hadn’t gone off. Turn to radio clock; it’s a few minutes after 6am… I lie there in the dark, waiting to drift off to sleep… but it ain’t happening. Clock ticks over to 6.55 ...
    Frankly SpeakingBy Frank Macskasy
    4 days ago
  • Speaker: Les Gray: the man who told the truth
    The story of Les Gray, the public sector psychologist who told the truth about his use of cannabis and set off a storm, has a special place in the lore of cannabis reform in New Zealand.When Paul Shannon interviewed Gray for the 'Dope and Hope' issue of Planet magazine in ...
    5 days ago
  • Why now? Historical specificity and the perfect storm that has created trans identity politics
    by Phil Duncan For Marxists, a key concern about social trends is their context – not just their causes, but why they happen when they do.  Events and phenomena have causes, but they also are time or period-specific. While much of the left have capitulated recently to postmodernism, most notably ...
    RedlineBy Admin
    5 days ago
  • Time for a living wage for supermarket workers
    Since the lockdown began, we've all suddenly been reminded who the actually essential workers in our society are: not the people at the top who pay themselves the big bucks and rort the perks, but the people at the bottom they screw over and squeeze: cleaners, warehouse staff, truck drivers ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Hard News: MUSIC: Lockdown Grooves
    Kia ora! As I've watched nearly all my remaining work vanish over the past couple of days, it has occured to me that one good way to keep me away from arguing with fools on Twitter all the time (in the knowledge that all we're really doing is processing our ...
    5 days ago
  • A place of greater safety?
    Aotearoa New Zealand has committed to trying to extirpate the virus that causes COVID-19 from its shores. To do that, as a society we’ve moved to “Level 4”. That means adapting to unprecedented restrictions on our personal freedoms, particularly to our rights to move freely and associate with friends and ...
    PunditBy Andrew Geddis
    5 days ago
  • The police and public trust
    When the Prime Minister declared a state of emergency last week, she handed the police powers to enforce it. And almost immediately, we started hearing about heavy-handed, arbitrary "enforcement" by police who (at best) cared more about order than law, or (more likely) had no idea what the rules were ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Life in Lock Down: Day 4
    . . Lock Down: Day 4 – A photo essay with observations . March 29: Usual wake up routine as RNZ snaps on my radio-clock. Jim Mora’s voice slowly enters my conciousness; there’s talk of a second wave of covid19 taking hold in South Korea; the week in Parliament – ...
    Frankly SpeakingBy Frank Macskasy
    5 days ago
  • COVID-19 vs New Zealand
    Yesterday, New Zealand recorded its first Covid-19 related death on the West Coast. Unfortunately this is unlikely to be the only fatality, with the virus now being found in every region of the country.However despite the significant danger, people are still unfortunately breaching lockdown rules.There’s really only one main very ...
    5 days ago
  • 2020 SkS Weekly Climate Change & Global Warming Digest #13
    Story of the Week... Toon of the Week... Coming Soon on SkS... Climate Feedback Claim Review... SkS Week in Review... Poster of the Week... Story of the Week... ‘Misinformation kills’: The link between coronavirus conspiracies and climate denial   Grist / Rob Kim / Stringer / CSA Images  Scientific ...
    6 days ago
  • Rāhui day 4
    The kids did surprisingly well today – meltdown count was about 3, and mostly fairly short ones. (And a fourth while I was writing.) Game-wise I had a go at Fell Seal: Arbiter’s Mark. It’s a fairly standard RPG with turn-based combat and what they call a “mature storyline” (it ...
    The little pakehaBy chrismiller
    6 days ago
  • Letter to a friend
    by Don Franks Hi David, Nice hearing from you, I’m glad to hear you’re getting by okay in these grim times. You asked how’s it going for us back here in New Zealand. You would have heard that the whole country is locked down and with breaks for exercise and ...
    RedlineBy Daphna
    6 days ago
  • Life in Lock Down: Day 3
    . . Lock Down: Day 3 – A photo essay with observations . March 28: First day of the first weekend in Lock Down. It feels like it’s been weeks since only Level 3 was declared last Tuesday, only four days ago. Woke up this morning to RNZ; coffee; toast, ...
    Frankly SpeakingBy Frank Macskasy
    6 days ago
  • 2020 SkS Weekly Climate Change & Global Warming News Roundup #13
    A chronological listing of news articles linked to on the Skeptical Science Facebook Page during the past week, i.e., Sun, Mar 22, 2020 through Sat, Mar 28, 2020 Articles Linked to on Facebook Sun, Mar 22, 2020 In Just 10 Years, Warming Has Increased the Odds of Disasters by Chelsea Harvey, ...
    7 days ago
  • Rāhui day 3
    I’m here in lockdown with my flatmate and her two girls (6 and 2) and it. is. a time. They’re usually really active so to start with the only boardgame in the house is the copy of Guess Who that the 6 year old got for her birthday. Flatmate commented ...
    The little pakehaBy chrismiller
    1 week ago
  • A test of civil society.
    The CV-19 (COVID) pandemic has seen the imposition of a government ordered national quarantine and the promulgation of a series of measures designed to spread the burden of pain and soften the economic blow on the most strategically important and most vulnerable sectors of society. The national narrative is framed ...
    KiwipoliticoBy Pablo
    1 week ago
  • Life in Lock Down: Day 2
    . . Lock Down: Day 2 – A photo essay with observations . March 27 – Day 2 of our Strange New World. The Park and Ride near my suburb, usually filled with hundreds of vehicles, had just… four; . . Another drive into Wellington City on a highway nearly ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • How Do You Feel? What Do You Think?
    Fortune's Children: Under extraordinary pressure, the leader of the Government and the leader of the Opposition will each show us what they are made of. Have they been blessed with intelligence, grace, wit, poise, toughness, empathy and humour – and in what measure? More importantly, to what extent have they ...
    1 week ago
  • Landlords are NOT an essential service
    If you’ve ever had the misfortune of having to rent a property on the open market in New Zealand, which is one of the most expensive in the entire world, you’ll likely be keenly aware of just how arrogant and entitled landlords and their real estate agents can be.Unfortunately for ...
    1 week ago
  • A “new Society” post-COVID19 will definitely emerge. The question is: on what path?
    Society-wise, aside from the specific morbidity shall we say of the medically-oriented aspects of this COVID-19 crisis, what is unfolding before the world is in more than one way an instructive study of humanity and reactions to a high intensity, high stress environment in real time. Friends, we are at ...
    exhALANtBy exhalantblog
    1 week ago
  • Raise the Bar: Everything you need to know about the wage subsidy
    Right now low waged and insecure workers are feeling the economic brunt of the looming #Covid19 Recession. In response legal advocate Toby Cooper* and hospitality and worker’s rights advocate Chloe Ann-King, are putting together a series of legal blogs about your employment rights: In this legal blog we outline some ...
    PosseBy chloeanneking
    1 week ago
  • The massacre of prisoners in Modelo jail, Bogota, March 21
    by Equipo Jurídico Pueblos and Gearóid Ó Loingsigh (25/03/2020) An escape plan in question On the night of March 21st and the early morning of the 22nd, the forces of the Colombian state stormed into the Modelo prison in Bogotá, murdering 23 prisoners and injuring 83, in response to the ...
    RedlineBy Admin
    1 week ago
  • We are not America
    When the government banned semi-automatic weapons in response to a terrorist atrocity, gun-nuts were outraged. Mired in toxic American gun culture, they thought owning weapons whose sole purpose was killing people was some sort of "constitutional right", a necessity for "defending themselves" against the government. Now, the Court of Appeal ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • When will we know the lockdown is working?
    Just before midnight on Wednesday March 25, Aotearoa New Zealand entered a countrywide alert level four lockdown. For at least the next four weeks, everyone who isn’t an essential worker is confined to their bubble. We are doing this to stop the explosive growth in people contracting and dying from ...
    SciBlogsBy Siouxsie Wiles
    1 week ago
  • Lock Down: Day 1
    . . Lock Down: Day 1 – A photo essay with observations . Day one of the Level 4 nationwide lock-down (or, DefCon 4 as I sometimes cheekily call it) started at 11.59PM on 25 March. For a moment, most of the nation held it’s collective breath. In that brief ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • A Compelling Recollection.
    Broad, Sunlit Uplands: How those words fired my young imagination! Or, perhaps, it is more accurate to say: how those words fused, in my young mind, with the image printed on every packet of Fielder’s Cornflour. Always fascinated by history, especially modern history, I cannot hear Churchill’s wonderfully evocative words, even ...
    1 week ago
  • The Warehouse – where everyone gets a virus
    . . 24 March 2020 9.46AM Number of covid19 cases in Aotearoa New Zealand: 102 . As of 11.59 on Thursday, most of New Zealand will go into “lock down”. People will be expected not to travel to work; not to socialise; and to stay home. I will not be ...
    Frankly SpeakingBy Frank Macskasy
    1 week ago
  • Aggressive action to address climate change could save the world $145 trillion
    This is a re-post from Yale Climate Connections A respected research group, Project Drawdown, finds that deploying solutions consistent with meeting the Paris climate targets would cost tens of trillions of dollars globally. But crucially, those outlays would also yield long-term savings many times larger than the up-front costs. The new 2020 Drawdown ...
    1 week ago
  • After the Pandemic
    It will pass. What happens next? Not immediately, but longer term. There are many opinions, fewer certainties. Will it “change everything!” as many confidently, and contradictorily predict? In this post I look at how foresight can help bound some of the uncertainties so you can more objectively consider the future. ...
    SciBlogsBy Robert Hickson
    1 week ago
  • Coronavirus – Cuba shows the way
    We’ve been meaning t write something on Cuba and the coronavirus but have just discovered a very good article on the subject in the US left publication Jacobin.  The article looks at how Cuba, a poor country but one where capitalism has been done away with, is leading the way ...
    RedlineBy Admin
    1 week ago
  • Using privacy law to prevent the death penalty
    In 2018, El Shafee Elsheikh and Alexanda Kotey - two British citizens who had purportedly been stripped of their citizenship by the British government - were captured while fighting for Isis in Syria. The British government then conspired to hand them over to the US, and agreed to provide evidence ...
    No Right TurnBy Idiot/Savant
    1 week ago
  • It’s Time For Disaster Socialism.
    Transformers: The disaster of the Great Depression was transformed into a new and fairer society by the democratic socialism of the First Labour Government. The disaster of the Covid-19 Pandemic offers a similar transformative possibility to the Labour-NZ First-Green Government. Seize the time, Jacinda! You will never have a better ...
    1 week ago
  • Skeptical Science New Research for Week #12, 2020
    Tamper with The System? Well, we already are. But there's a difference between accidentally trickling sand into a precision gearbox versus formulating a plan to alter it on the fly with improvements in mind. One action is more or less innocently unscrupulous, the other amenable to earning an easy ...
    1 week ago
  • Avoidable hospitalisations: Helping our health system get through COVID-19
    Associate Prof George Thomson, Louise Delany, Prof Nick Wilson While it is possible that New Zealand can use intense public health controls to eradicate COVID-19 from the country – we must also plan for other scenarios where thousands of New Zealanders are sick – including many urgently hospitalised.1 Better resilience ...
    SciBlogsBy Public Health Expert
    1 week ago
  • Raise the Bar: 10 questions to ask your employer proposing redundancy
    Kia ora my name is Chloe Ann-King* and I am the founder of Raise the Bar, a campaign and non-profit that gives free legal aid, advocacy and tautoko to hospitality workers in Aotearoa. Right now all over our country hospo workers are being fired at will, having shifts cut or being ...
    PosseBy chloeanneking
    1 week ago

  • Further measures to support businesses
    The Government will be introducing legislation to make changes to the Companies Act to help companies facing insolvency due to COVID-19 to remain viable and keep New Zealanders in jobs. The temporary changes include: Giving directors of companies facing significant liquidity problems because of COVID-19 a ‘safe harbour’ from insolvency ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Govt’s COVID plan, economic strength recognised
    The Government’s plan to cushion the blow of COVID-19 by supporting incomes, jobs and businesses, and position the economy to recover has been backed by another international report. International credit rating agency Moody’s today reaffirmed its highest Aaa credit rating on New Zealand, saying the economy is expected to remain ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • Funding certainty for sports through COVID-19
    National sports organisations have been given certainty of funding to ensure they can remain viable through the COVID-19 pandemic, Sport and Recreation Minister Grant Robertson announced today. “The global spread of COVID-19 has had a significant impact on sport and recreation in New Zealand, including the cancellation or postponement of ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Butchers now allowed to process pork
    Changes have been made to allow butchers to process pork, only for supply to supermarkets or other processors or retailers that are open, Agriculture Minister Damien O’Connor has announced. “We carefully weighed the risk of allowing butchers to open their shops for retail customers, but the risk of spreading COVID-19 ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Essential workers leave scheme established
    Essential workers who take leave from work to comply with public health guidance are being supported with a leave scheme to ensure they will continue to receive income, say the Minister of Workplace Relations and Safety Iain Lees-Galloway and Minister for Social Development, Carmel Sepuloni. A number of essential businesses ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Govt WhatsApp helps share COVID-19 information
    A Government WhatsApp channel has been launched to help make information more easily accessible and shareable in the fight against COVID-19. Govt.NZ, which is free to use on any mobile device, will carry information and news for the public, businesses, healthcare providers, not for profits and local government. It can ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Managed departure plan for stranded foreign nationals enables safe, orderly exit
    The Government has announced a plan to enable the safe, orderly exit of tens of thousands of stranded foreign nationals from New Zealand during the current COVID-19 Alert Level 4 restrictions, Deputy Prime Minister and Foreign Minister Winston Peters has said. “When we moved into lockdown a week ago, the ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Government delivers COVID-19 support to GPs and Pharmacies
    Health Minister Dr David Clark says the Government is delivering on its commitment to support general practice doctors and nurses, and pharmacies on the front-line of our fight against COVID-19. "For us to overcome COVID-19, we need community health services such as general practice and community pharmacy to step up ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Susan Thomas the new Chief High Court Judge
    Justice Susan Thomas has been appointed Chief High Court Judge, Attorney-General David Parker announced today.  She replaces Justice Geoffrey Venning who has resigned from the position.   David Parker paid tribute to Justice Venning, who he said had stewarded the High Court very capably over the last five years.   “On behalf ...
    BeehiveBy beehive.govt.nz
    2 days ago
  • Business Finance Guarantee – applications open
    Businesses can start applying to their banks for loans under the Business Finance Guarantee Scheme set up to support the New Zealand economy during the COVID-19 pandemic. “We’re moving quickly to protect New Zealand businesses, jobs and the economy during this unprecedented global economic shock,” Finance Minister Grant Robertson said. ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Work starts on ways to fast-track consents to boost recovery from Covid-19 downturn
    Work is underway looking at measures to speed up consents for development and infrastructure projects during the recovery from COVID 19, to provide jobs and stimulate our economy.  Environment Minister David Parker said the COVID-19 pandemic is a serious global crisis that will have a wide ranging and lasting impact ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Advance payments to support contractors
    Advance payments will be made to transport construction industry contractors to retain the workforce and ensure it is ready to quickly gear up to build projects which will be vital to New Zealand’s COVID-19 economic recovery, Transport Minister Phil Twyford announced today. He said keeping the workforce required to build ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Government seeks infrastructure projects
    The Government has tasked a group of industry leaders to seek out infrastructure projects that are ready to start as soon as the construction industry returns to normal to reduce the economic impact of the COVID-19 pandemic, Economic Development Minister Phil Twyford and Infrastructure Minister Shane Jones say. The Infrastructure ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Health system scaled up to prepare for COVID-19
    Work to scale up the health system in preparation for COVID-19 was today outlined by Health Minister David Clark, as he reported back to the new Epidemic Response Committee. “We are well placed to contain the spread of COVID-19. We have taken early and decisive action at our borders, and ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Essential media COVID-19 guidelines refined
    The Government is refining its COVID-19 essential business guidance to include the distribution of news publications for communities which are hard to reach. The Minister of Broadcasting, Communications and Digital Media, Kris Faafoi, said the move was in recognition of the importance for New Zealanders who might be harder to ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Supermarkets able to open on Easter Sunday
    The Government is ensuring supermarkets can open on Easter Sunday so we can buy groceries, but stay closed on Good Friday allowing workers to take a break. This provides a balanced approach and ensures we avoid large queues that two days closure may cause. “Supermarkets will be able to open ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • New Zealand defence personnel conclude mission at Taji
    Following the successful conclusion of the Building Partner Capacity (BPC) mission at Taji, New Zealand defence personnel are returning to New Zealand from Iraq, in accordance with the Cabinet decision made in June 2019, Foreign Affairs Minister Winston Peters and Defence Minister Ron Mark announced today. “New Zealand is very ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • State of National Emergency extended
    The State of National Emergency to help stop the spread of COVID-19 has been extended for a further seven days, Minister of Civil Defence Peeni Henare said. The initial declaration on March 25 lasted seven days and can be extended as many times as necessary. “Since we went into isolation ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Strong Govt books support ‘go hard, go early’ response
    New Zealand’s ability to go hard and go early in the fight against COVID-19 has been underpinned by strong Government finances and the growing economy heading into this global pandemic, Finance Minister Grant Robertson says. The Treasury today released the Crown financial statements for the eight months to the end ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Christchurch Hospital Hagley ICU to open to support COVID-19 response
    Health Minister Dr David Clark says 36 new intensive care beds at Christchurch Hospital’s new Hagley building are being fast tracked so they are available for treatment of COVID-19 patients.   The Ministry of Health is working with contractor CPB and Canterbury DHB to enable access to the hospital’s ICU, ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Government supports Air NZ freight flights
    The Government has fast-tracked up to $1 million to help Air New Zealand move urgent freight to and from New Zealand, with the first flight to Shanghai leaving tonight, Transport Minister Phil Twyford announced today. Phil Twyford says it’s crucial that trade in vital goods such as medical supplies and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Tariff concessions on COVID-19 related products
    New Zealand will temporarily remove tariffs on all medical and hygiene imports needed for the COVID-19 response. Trade and Export Growth Minister David Parker and Commerce and Consumer Affairs Minister Kris Faafoi said today that the New Zealand Customs Service will apply tariff concessions to all diagnostic reagents and testing ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Clarification of modification to wage subsidy scheme
    Minister of Finance Grant Robertson has clarified that the changes to the wage subsidy scheme announced yesterday mean that employers should be passing on the full subsidy to workers, except in the case where the person’s normal income is less than the level of the subsidy. “We still want employers ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Face masks flowing to DHBs
    Medical face masks from the national reserve supply are now being distributed to District Health Boards, while at the same time local production is being ramped up. Yesterday more than 640,000 masks were sent to DHBS – that is an immediate two week supply, with more to follow in coming ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19: Further steps to protect New Zealanders’ jobs
    The Government has made modifications to the wage subsidy scheme to ensure people don’t lose their jobs during the national lockdown. These changes will soften the impact of COVID-19 on workers, families and businesses, and position them to exit the lockdown and look to recovery, Finance Minister Grant Robertson says. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Tax relief for Mycoplasma Bovis farmers
    Farmers whose herds were culled in response to the outbreak of Mycoplasma bovis will be able to minimise the tax treatment of their income in some circumstances. Revenue Minister Stuart Nash says Cabinet has agreed to change the law. It means farmers may be eligible to spread their income over ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $27 million for NGOs and community groups to continue providing essential services
    A $27 million dollar package, effective immediately, is being provided to social sector services and community groups to ensure they can continue to provide essential support to communities as we stay at home as a nation to stop the spread of COVID-19, Minister for Social Development Carmel Sepuloni announced. “At ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Statement on guilty plea of March 15 terrorist
    “The guilty plea today will provide some relief to the many people whose lives were shattered by what happened on March 15,” Prime Minister Jacinda Ardern said. “These guilty pleas and conviction bring accountability for what happened and also save the families who lost loved ones, those who were injured, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19 updates
    The Prime Minister is holding daily press conferences to update New Zealanders on the Government's response to COVID-19. Links to videos and transcripts of these updates below. These transcripts also include All of Government press conferences led by Director Ministry of Health's Director-General of Health Dr Ashley Bloomfield. 25 March: Live update from the Prime ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Police numbers break through 10,000 mark
    Frontline Police numbers have broken through the 10,000 mark for the first time in history as officers step forward to keep the community safe during the COVID19 lockdown. “Two Police graduations in Auckland and Wellington in the past week have been conducted in unprecedented circumstances,” Police Minister Stuart Nash said. ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Urgent tax measures for economic recovery
    Urgent legislation has been passed to support the package of economic and social measures needed to recover from the impact of the coronavirus outbreak. “The COVID-19 Response (Taxation and Social Assistance Urgent Measures) Bill will cushion New Zealanders from the worst economic impacts of the COVID-19 outbreak,” said Revenue Minister ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Further support for farmers and growers as drought persists
    From tomorrow, Government support for farmers and growers affected by drought will be expanded and extended across the country, with access to Rural Assistance Payments (RAPS) available throughout the North Island, parts of the South Island and the Chatham Islands, Social Development Minister Carmel Sepuloni announced. “These challenging conditions have ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19: Temporary changes to Education Act
    Parliament has passed amendments to legislation that give the Secretary of Education stronger powers to act in the fight to limit the spread of COVID-19, Education Minister Chris Hipkins said today. “They are part of a suite of changes passed under the COVID-19 Response (Urgent Management Measures) Legislation Bill,” Chris ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Canada, Australia, Chile, Brunei and Myanmar join NZ and Singapore in committing to keeping supply a...
    Canada, Australia, Chile, Brunei and Myanmar have joined forces with New Zealand and Singapore by committing to keep supply chains open and remove any existing trade restrictive measures on essential goods, especially medical supplies, in the face of the Covid-19 crisis.  Trade and Export Growth Minister David Parker today welcomed ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • COVID-19: Rent increase freeze and more protection for tenants
    Immediate freeze on rent increases Tenancies will not be terminated during the lock-down period, unless the parties agree, or in limited circumstances Tenants who had previously given notice can stay in their if they need to stay in the tenancy during the lock-down period Tenants will still be able to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Working together to protect businesses and workers
    As New Zealand unites to lock-down in the fight against COVID-19, the Finance Minister is urging all businesses and workers to stay connected over the next four weeks. “We understand the extreme pressure many businesses are under right now. I know most business owners think of their workers as family ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • State of National Emergency declared to fight COVID-19
    A State of National Emergency has been declared across the country as the Government pulls out all the stops to curtail the spread of COVID-19. “Today we put in place our country’s second ever State of National Emergency as we fight a global pandemic, save New Zealanders’ lives and prevent ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Prime Minister’s statement on State of National Emergency and Epidemic Notice
    Mr Speaker I wish to make a Ministerial Statement under Standing Order 347 in relation to the recent declaration of a State of National Emergency. Having considered the advice of the Director Civil Defence Emergency Management, the Minister of Civil Defence declared a State of National Emergency for the whole of ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Deadline for domestic travel extended
    People needing to travel on domestic flights, trains and Cook Strait ferries to get home before the country moves into level 4 lock-down tomorrow night will be able to continue using the passenger services until midnight on Friday, Transport Minister Phil Twyford said today. Domestic passenger services, particularly ferries, have ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Mortgage holiday and business finance support schemes to cushion COVID impacts
    The Government, retail banks and the Reserve Bank are today announcing a major financial support package for home owners and businesses affected by the economic impacts of COVID-19. The package will include a six month principal and interest payment holiday for mortgage holders and SME customers whose incomes have been ...
    BeehiveBy beehive.govt.nz
    2 weeks ago